Greece the “Greens” of Germany

The German Greens seek restructuring involving private creditors in order to address the debt crisis in Greece. “This is required to restore debt sustainability in Greece,” said the spokesman of the Greens Gkerchart Sic on German radio Deutschlandfunk. “The debt burden is so large that there is no prospect, if not reduce this level of debt through a restructuring,” he said. The “green” politician criticized the German government, why did not advance the goal of restructuring. At the same time praised the efforts of the Greek government to clean up the budget. No other European country has not progressed as improvements in such a short time, said k.Sik and proposes the establishment of a European bank rescue fund, which will support those banks will face problems due to the restructuring of the Greek debt, “so not to cause further turmoil in financial markets.